EDITOR'S CHOICE

Democrats Call On US Financial Regulators To Do More On Climate

17 Jun 2024 | Synopsis

"The United States' lack of progress and innovation in establishing robust measures to address the financial and economic risks from climate change places us behind our international peers...We urge you to take decisive action on climate risk and to cease your obstruction of progress on global financial rules

"...consideration of climate issues in investing and financial policy has also become a hot button issue because Republicans have railed against climate-conscious investing..."

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We Pay for the Damage, They Keep the Profit: How to Change Modern Business

17 Jun 2024 | Synopsis

"Christopher Marquis is the Sinyi Professor at the University of Cambridge Judge School of Business...shares five key insights from his new book, The Profiteers: How Business Privatizes Profits and Socializes Costs.

"Someone has to pay for the costs of negative externalities. Typically, it is the broader society, while benefits accrue to the already privileged

"Regeneration shifts focus to making systems better, giving back more than is taken, replenishing the planet's natural resources, and leaving communities and society more equitable and resilient."

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The Biggest Winners Of President Biden's Green Climate Policies? Republicans.

17 Jun 2024 | Synopsis

"When President Joe Biden's massive climate bill passed Congress in 2022, Republican Rep. Richard Hudson of North Carolina complained it was boondoggle...But Hudson - now the head of House Republicans’ campaign committee - is one of the members of Congress whose district has benefitted the most...The vast majority of the $346-billion-worth of announced investments - nearly 78% - has gone to Republican congressional districts."

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Jay Leno Challenges EV Skeptics In Recent Podcast Appearance

14 Jun 2024 | Synopsis

"...former Tonight Show host and car collector Jay Leno has maintained an optimistic stance on electric and alternative fuel cars for a very long time, and recently defended his view

Leno expressed his praise for EVs and likened the negative option of the vehicles by car enthusiasts of "his generation" to music preferences between generations of people...I think the EV will be the savior of the [classic] cars like this..."

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Alpine's A290 Electric Hot Hatch Will Teach You To Drive Better

14 Jun 2024 | Synopsis

"At the heart of each A290 will be a new coaching function...[that] will use its new telemetrics function to highlight areas you can improve on as a driver...the Alpine A290 also comes with a series of challenges designed to test your agility, power and endurance behind the wheel.

"...the Alpine A290 packs in 220 horsepower, a 52 kWh battery pack and rapid charging speeds of up to 100kW at DC charging ports.

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Global Electricity Demand For EVs To Skyrocket 630% By 2030

14 Jun 2024 | Synopsis

"...global electricity demand stemming from the usage of electric cars skyrocketed by 3,630.77% from 2,600 gigawatt hours (GWh) annually in 2013 to 97,000 GWh in 2023...projections based on the Stated Policies Scenario (STEPS )...Indicate that global electricity demand stemming from EV adoption will rise another 631.96% by 2030, reaching 710,000 GWh...oil displacement due to the adoption of EVs at 255 million barrels in 2023 and projects it at 2.847 billion in 2030."

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"White Gold" Discovery In California Is Enough To Power 375 Million Electric Vehicles

14 Jun 2024 | Synopsis

"According to a recent U.S. Department of Energy report, this area holds a treasure trove of lithium - enough to power over 375 million electric vehicle (EV) batteries. This is more than the total number of vehicles currently on U.S. roads

"The Salton Sea's lithium is found in geothermal brine, a hot, mineral-rich water that lies beneath the surface. This type of lithium extraction is considered less damaging to the environment..."

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Melting Permafrost Is Dumping Toxic Metal Into Alaska's Rivers

14 Jun 2024 | Synopsis

"National Park Service snapped aerial images of Alaska's Brooks Range, home to more than 75 once-pristine rivers and streams. As they flew over the range, the team...started noticing more and more orange rivers...the orange waterways have lower pH, higher turbidity (or murkiness), and higher concentrations of sulfate, iron, zinc, nickel, copper, and cadmium than rivers and streams that haven't turned orange..."

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Record Charging Of The Lotus Emeya: 10-80% In 14 Minutes

13 Jun 2024 | Synopsis

Lotus' first electric hyper-GT, the Emeya is one of the fastest charging cars in the world.

"The British company owned by the Chinese Geely group says it is a result achieved thanks both to the use of a 400 kW power pack, absorbed by the hyper-GT at an average of 331 kW, and to the cell-to-pack structure of the batteries, which "allows 20% more cells in the same space compared to a standard modular design..."

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More Than $1 Billion In EV Tax Credits Issued Upfront To Buyers, Treasury And IRS Say

13 Jun 2024 | Synopsis

"The Inflation Reduction Act created a mechanism whereby tax credits for buyers of new and used EVs - worth up to $7,500 and $4,000, respectively - could be delivered by car dealers at the point of sale.

"Since the start of the year, about 125,000 consumers have opted to get their 'new clean vehicle' tax credit as an upfront payment...25,000 buyers have opted for upfront payment for the 'previously owned clean vehicle' credit..."

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